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Hungary Public Finances News is an EIN News Service for political professionals. Constantly updated news and information about Hungary EU Politics.
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Latest Hungary Public Finances News

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  • Chief of I.M.F. Urges Continued Stimulus Efforts 25 Nov 2009 00:10 GMT
    ... splurge in government spending could push the public finances of some countries close to the brink. ... the government in Britain - where the budget deficit is projected to rise above 13 percent ... transactions. Meanwhile, the announcement last week by Hungary that it would forgo the next installment of an ...

  • California Scheming 24 Nov 2009 22:46 GMT
    ... increasing privatization--in Austria, Canada, France, Germany, Greece, Hungary, Israel, South Africa, Spain and the United Kingdom. ... week that the state will be facing budget deficits of around $20 billion for years to ...

  • I.M.F. Chief Warns Against 'Premature Exit' From Stimulus Programs 24 Nov 2009 20:50 GMT
    ... splurge in government spending could push the public finances of some countries close to the brink. ... the government in Britain — where the budget deficit is projected to rise above 13 percent ... transactions. Meanwhile, the announcement last week by Hungary that it would forgo the next installment of an ...

  • What does Fidesz want? Hungary's budget deficit on the centre stage 20 Nov 2009 14:54 GMT
    ... The communication of Hungary's would-be governing party Fidesz about the 2010 budget deficit is not overly polished to say the ... - especially when spiced up with unique Hungarian flavours - are really tricky creatures. Plus, there ...

  • OECD sees Hungary overshooting budget deficit targets 19 Nov 2009 12:15 GMT
    ... Hungary's general government deficit will exceed the cabinet's target of 3.9% of GDP in 2009 and ...

  • Hungary MPC discusses three rate cut options, "convincing majority" wins - Simor 23 Nov 2009 14:54 GMT
    ... "There is no inflationary pressure in the Hungarian economy," Simor noted with respect to today's rate ... Simor added. Under the "most likely scenario" Hungary's budget deficit will undershot the government's target this year, ...

  • Hungary Cuts Key Rate to Three-Year Low on Recession, Inflation 23 Nov 2009 14:55 GMT
    ... as the economic slump blunts price pressures. Hungary was the first European Union country to get an ... pledges to the IMF to limit the budget deficit. The cuts allow the central bank to ...

  • OECD projects deeper recession in Hungary than government 20 Nov 2009 11:18 GMT
    ... OECD projects deeper recession in Hungary than government The OECD sees Hungary's gross domestic product ... 3.1 percent in 2011. It forecasts Hungary's budget deficit at 4.3 percent of GDP in 2009 ...

  • OECD sees Hungary economy contracting at faster clip than gov't 19 Nov 2009 14:33 GMT
    ... November 19 (MTI) - The OECD sees Hungary's gross domestic product falling by 6.9 percent in ... 3.1 percent in 2011. It forecasts Hungary's budget deficit at 4.3 percent of GDP in 2009 ...

  • Hungary c.bank to cut rates 150 bps then stop for a while - Reuters poll 19 Nov 2009 15:15 GMT
    ... Hungary's central bank (NBH) is to lower its base ... there are some downside risks, the country's budget deficit will not be smaller than 4% of ...

  • EU recession over, but sharp contrasts in East 23 Nov 2009 12:52 GMT
    ... lot of countries such as Latvia or Hungary, where the economies have been in freefall. ... GDP in 2011. The commission sees Latvia's budget deficit at 12.3% of GDP in 2010 and ... London. The Czech koruna, Polish zloty and Hungarian forint have all gained ground against the dollar ...

  • FACTBOX-OECD sees slightly faster E.Europe recovery 19 Nov 2009 10:36 GMT
    ... Czech Republic -4.4 (-4.2) 2.0 (1.4) 2.8 Hungary -6.9 (-6.1) -1.0 (-2.2) 3.1 Poland 1.4 (-0.4) 2.5 ... programme, aimed to avoid breaching the constitutional public debt limit of 60 percent of GDP, will ... will delay the much needed consolidation of public finances until 2011. Public debt is expected to ...

  • Bulgaria Credit Risk among Top 7 in Eastern Europe 23 Nov 2009 23:46 GMT
    ... to shelve EUR adoption targets. Romania and Hungary have had to implement budget cuts that exacerbated their ... billion to finance their current- account and budget deficits,” Bloomberg points out. Consumers and companies in ...

  • Betting on the World Economy: Bank Warns of Global Collapse 20 Nov 2009 08:36 GMT
    ... economic collapse. Countries such as Iceland and Hungary were predicted to default on their debts before the ... to rein back America's mounting levels of public debt. ...

  • Borrowing surges as tax revenues fall 19 Nov 2009 21:14 GMT
    ... in Iceland, Ireland, Turkey, Mexico, Italy and Hungary. “By developing and announcing more ambitious fiscal consolidation ... has not just lost control of the public finances but lost the economic argument about the ...


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